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Kansas · Through 2025 legislative session

K.S.A. 17-1629: Increase of capital.

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Where this section sits in the code
  1. Chapter 17.—CORPORATIONS
  2. Article 16.—COOPERATIVE MARKETING

Any corporation organized under this act may increase its capital to any amount provided that such increase must be first approved by a 2 /3 vote of directors and then be approved by affirmative vote of 2 /3 of the outstanding shares of voting stock, or if the corporation is organized on the one person, one vote plan, then by the affirmative vote of 2 /3 of the corporation's voting stockholders. In lieu of affirmative vote of 2 /3 of the outstanding shares of voting stock, or if the corporation is organized on the one person, one vote plan, then in lieu of the affirmative vote of 2 /3 of the corporation's voting stockholders, the capital may be increased by affirmative vote of 2 /3 of the voting stockholders present and voting at any annual meeting or special meeting called for such purpose and upon written notice sent by first-class mail to every stockholder at such stockholder's last known post-office address at least 10 days prior to such meeting.

Collected 2026-09-04T15:10:41Z. Source file · JSON

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